International Airlines Group is ordering 32 Boeing 787-10 jets, a deal hinted at by Commerce Secretary Howard Lutnick.
Boeing Co (NYSE:BA, ETR:BCO) will sell $10 billion worth of aircraft to the United Kingdom under a new trade agreement that also secures tariff exemptions for British-made Rolls-Royce engines and aircraft parts, US Commerce Secretary Howard Lutnick said on Thursday. The order, expected to be announced later today, sent Boeing shares up 3.5% in early trading as investors welcomed the major transatlantic sale and its potential ripple effects across the aerospace sector.
Boeing-owned Wisk Aero announced Wednesday that its CEO Brian Yutko is leaving to take over product development for Boeing's commercial airplanes division.
Nvidia CEO Jensen Huang made a not-very-subtle case for the Trump administration to review their China microchip restrictions.
Boeing's stock fell due to halted deliveries to China, but near-term offsets limit the impact, highlighting strong airplane demand despite trade tensions. China's economic growth is somewhat underwhelming making it easier to refuse deliveries as demand for airplanes is modestly lower. Long-term risks include potential reduced demand from a prolonged trade war, but Boeing's strong market position and global demand offer resilience.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
The key to Boeing's (BA 1.45%) long-term future lies in its ability to develop the next generation of narrowbody airplanes to replace the 737 MAX. It's a fact implicitly recognized by CEO Kelly Ortberg on his first earnings call in October when referring to "restoring the balance sheet so that we do have a path to the next commercial aircraft.
L3Harris Technologies is set to work on modifications to a used Qatari Boeing 747 that could be used as a new Air Force One aircraft. Boeing's modifications on a pair of 747 jumbo jets to become the new Air Force One aircraft is years behind schedule and more than $2 billion over budget.
EADSY may appeal more to conservative investors seeking stability, whereas BA suits those with a higher risk appetite betting on a rebound.
Zacks.com users have recently been watching Boeing (BA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Earnings for Q1 2025 are rolling out. Some companies in an unexpected industry posted strong results.
S&P Global Ratings says it's no longer considering downgrading Boeing to junk status. The firm raised billions in equity after losing lots of money in a challenging 2024.